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Missoula County Land July 2021

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JULY 2021

MARKET

REPORT

Missoula County

Land

Year-to-date Closed Sales are

up 95 units

The Average Sales Price on

Land rose by $233,000

Average % of Original List Price

Received rose by 7%

Average Days on Market

decreased by 430 days

3011 American Way Missoula, MT 59808

Office: (406) 532-9200

www.eralambros.com


Local Market Update | July 2021

Missoula

County

Land

-28 -14 +$233k

Change in

New Listings

July

Change in

Closed Sales

Change in

Avg. Sales Price

Year to Date

2020 2021 +/- 2020 2021 +/-

New Listings

81

53

-28

308

310

+2

Closed Sales

48

34

-14

185

280

+95

Median Sales Price

$115k

$157k

+$42k

$110k

$125k

+$15k

Average Sales Price

$165k

$398k

+$233k

$185k

$387k

+$202k

Average % of Original List Price Received

90%

97%

+7%

77%

97%

+20%

Average Days on Market Until Sale

680

250

-430

580

270

-310

Based on information from the Missoula County Association of REALTORS ®, Inc.

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